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between deficit and debt the deficit of course is the annual budget deficit of the government and the national debt is built up over decades who knows how long it's been building up and how big it is here it's close to one point four trillion pounds but david cameron tells porkies about britain's national debt david cameron on i.t.v. said this quote though this government has had to make difficult decisions we're making progress we're paying down britain's debt and now we're going to cut to a party political broadcast where he's telling these porkies he's confusing the british population between deficit and debt but i know people don't just want to hear. they want to know the facts that's why we're letting people know exactly what this government's sheaves so far. i would say the deficit is going down maybe by one point five percent to thirty three percent of your spirit or i would say our side going to probably bartered it's gone down but i'm afraid there's a. good place but it was pretty good going i think that the dumb well yes so the spectator referring to this political broadcast
between deficit and debt the deficit of course is the annual budget deficit of the government and the national debt is built up over decades who knows how long it's been building up and how big it is here it's close to one point four trillion pounds but david cameron tells porkies about britain's national debt david cameron on i.t.v. said this quote though this government has had to make difficult decisions we're making progress we're paying down britain's debt and now we're going to cut to a...
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Feb 1, 2013
02/13
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republicans are expected to continue pushing the government to cut the fiscal deficit by reviewing social security spending. the budget is a lingering concern for lawmakers. they must come up with measures to resolve the issues of spending cuts by early march. here in japan the jobless rate in december has gotten worse. the number of jobs on offer for people seeking work has seen the first increase in five months. the latest data from the internal affairs ministry shows unemployment for december was 4.2%. that's up .1 of a point from december. the number of people without a job increased by 70,000 to 27.8 million. those with a job fell 350,000 to 62.6 million. as for the whole of 2012 the job situation improved. the average unemployment rate last year stood at 4.3%. that's down .3 of a point from the previous year. the labor ministry announced that the ratio of job vacancies to seekers improved slightly in december. it says 82 position were available for every 100 job seekers. the weak yen and rising share prices are behind an increasingly attractive japanese equity market. they have seen
republicans are expected to continue pushing the government to cut the fiscal deficit by reviewing social security spending. the budget is a lingering concern for lawmakers. they must come up with measures to resolve the issues of spending cuts by early march. here in japan the jobless rate in december has gotten worse. the number of jobs on offer for people seeking work has seen the first increase in five months. the latest data from the internal affairs ministry shows unemployment for...
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Feb 1, 2013
02/13
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so we are very worried about the deficit. and also what kind of deficit will we will be leaving to our heirs. there is a national security deficit that is growing and that will continue to grow. it is a particularly american conceit of the world goes away or stops when we stop paying attention to it. the fact of the matter is that the problems that we see in the world will not go away or if we don't cost them by looking at them and we can't stop them by ignoring them. the enemies who want to kill us, and it's amazing to me how comfortably we forget the fact that there are large groups, including the entire state of iran, where leaders wake up every day and ask themselves what can i do to kill americans today. that is not eight. of war receding. we will leave for our children and incredibly dangerous world. .. .. as this is.
so we are very worried about the deficit. and also what kind of deficit will we will be leaving to our heirs. there is a national security deficit that is growing and that will continue to grow. it is a particularly american conceit of the world goes away or stops when we stop paying attention to it. the fact of the matter is that the problems that we see in the world will not go away or if we don't cost them by looking at them and we can't stop them by ignoring them. the enemies who want to...
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Feb 1, 2013
02/13
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and so we're very worried about the deficit. and what kind of deficit we're going to be leaving to our heirs. there was a national security deficit that is growing and that will continue to grow. it's a particularly american conceit that the world goes away or stops when we stop paying attention to it. the fact of the matter is that the problems that we see in the world will not go away. we don't cause them by looking at them, and we can't stop them by ignoring them. the enemies who want to kill us -- and it's amazing to me how comfortably we forget the fact that there are large groups, including the entire state of iran, where leaders wake up every day and ask themselves what can i do to kill americans today? that's not a period of wars receding. but back to consensus reality, if we agree that it is, then we will leave for our children an incredibly dangerous world. we will have missed many opportunities to address problems before they acquire the kind of compound interest that is measured in lives. >> misha, just to close us u
and so we're very worried about the deficit. and what kind of deficit we're going to be leaving to our heirs. there was a national security deficit that is growing and that will continue to grow. it's a particularly american conceit that the world goes away or stops when we stop paying attention to it. the fact of the matter is that the problems that we see in the world will not go away. we don't cause them by looking at them, and we can't stop them by ignoring them. the enemies who want to...
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Feb 1, 2013
02/13
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i said it before, the the retirement income deficit. the difference between what people need for their retirement in the future, and what they actually now has been estimated to be as high as $6.6 trillion. half of all americans have less than $10,000 in savings. so these are disturbing and frightening numbers. when people run out of money when they get old, they see the living standard decline and lean more and more on the social safety net. squeezing government costs at levels. it comes back on taxpayers again. we need do more to help american families cope with this looming crisis. hard working americans deserve to be able to rest and take a vacation and spend more time with the grand kids when they get older. but to do so, they need to have better opportunities, opportunities to save prior to retirement. we have always said there knees to be -- needs to be a three-legged stool with pension, social security, and savings. with social security provided a base, but it was never meant to be a full retirement system. it was to be one leg
i said it before, the the retirement income deficit. the difference between what people need for their retirement in the future, and what they actually now has been estimated to be as high as $6.6 trillion. half of all americans have less than $10,000 in savings. so these are disturbing and frightening numbers. when people run out of money when they get old, they see the living standard decline and lean more and more on the social safety net. squeezing government costs at levels. it comes back...
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Feb 1, 2013
02/13
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. >> we have massive deficit, big tax increase. no apparent willingness to get government off people's backs by reducing government spending. all of that is a heavy weight on the private sector. firms around the nation are sitting on their cash instead of creating jobs. >> on wednesday, the commerce department announced economic growth fell to a minus tenth of a percent, the last three months of last year. so the chairman of the president's council of economic advisors says other indicators remain positive. >> consumer spending increased. business investment; particularly, for equipment and software was strong. residential construction was strong. we are seeing signs of that in the jobs report. >> it also showed a larger number of people dropped out of the labor force than found jobs. former administration economist says some of that is to be expected. >> the population is aging, so we expect to have a fair number of people retiring every month for the next ten years or more as the baby boom is retiring. >> actually, the conference
. >> we have massive deficit, big tax increase. no apparent willingness to get government off people's backs by reducing government spending. all of that is a heavy weight on the private sector. firms around the nation are sitting on their cash instead of creating jobs. >> on wednesday, the commerce department announced economic growth fell to a minus tenth of a percent, the last three months of last year. so the chairman of the president's council of economic advisors says other...
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Feb 1, 2013
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that includes when we have discussions about deficit reduction. as the president has made clear , deficit reduction is not the goal in itself. it is the means, if done right, greater growth and greater job creation. as part of an overall economic policy. i would note that today's jobs figures and the revisions we saw in previous months mean that over 35 months, we have created 6.1 private sector jobs. we created in 2012, when i said 2 million, we created 6.2 million with the revision numbers. in 2012, that means we have been moving in the right direction when it comes to job creation. when this president took office in 2009, we were in an economic free fall. we are hemorrhaging jobs. -- we were hemorrhaging jobs. we still had work to do and we had to make sure that when we divide economic policy and we negotiate with congress how to move forward, we cannot neglect the essential responsibility to ensure that the policies we put in place promote job creation and economic growth. that is why in every proposal, every budget , every submission to a com
that includes when we have discussions about deficit reduction. as the president has made clear , deficit reduction is not the goal in itself. it is the means, if done right, greater growth and greater job creation. as part of an overall economic policy. i would note that today's jobs figures and the revisions we saw in previous months mean that over 35 months, we have created 6.1 private sector jobs. we created in 2012, when i said 2 million, we created 6.2 million with the revision numbers....
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Feb 1, 2013
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and your focus on the retirement north carolina deficit -- income deficit. i appreciate the even-handed way you have approach the the hearings. you have your own suggested idea, but you have opened the hearings to witnesses from all directions and that gives us a chance, really, to test senator harkin's proposals wells other proposals and hopefully come to a good conclusion. i thank the witness for being here. i told them earlier, i look forward to hearing what they have to say. of course, we currently have the mandatory retirement plan. my instinct, my preference, would be to explore what we need to do to beef up or strengthen our voluntary retirement plans. we regularly, troubles that both corporate and union defined benefit plans have need to be careful in the changing world that we have where businesses aren't like businesses forty or fifty years ago or in the global marketplace rapidly changing, companies, employers look different than employers did some time ago. we have to be careful about decisions we make here. we're talking about about tens of mill
and your focus on the retirement north carolina deficit -- income deficit. i appreciate the even-handed way you have approach the the hearings. you have your own suggested idea, but you have opened the hearings to witnesses from all directions and that gives us a chance, really, to test senator harkin's proposals wells other proposals and hopefully come to a good conclusion. i thank the witness for being here. i told them earlier, i look forward to hearing what they have to say. of course, we...
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Feb 1, 2013
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while they've increased the deficit by $5.3 trillion in four years, the only major part of the budget has been decreased is the military. that's something pretty well- known. a lot of people don't like that idea. the thing that bothers me just as much is putting the agenda, another agenda under the military budget. for example, you have heard senator mccain and me and others talk about the fact that the navy paid for 450,000 gallons of fuel, some $26 a gallon. you can get it on the market for $3. the air force, same thing. except it's $59 a gallon. and so the question i would have of you is just a commitment that if you are confirmed, will you confine the dollars that we are going to spend in the defense budget for defense purposes, for war-fighting purposes? >> well, of course i will because that's the intent of our budget and department of defense. >> i appreciate that very much. there was an article the other day in "the washington post" by jennifer ruben called, "our dim witted state department.? it's kind of an interesting article. there are four questions that i'm willing to ask
while they've increased the deficit by $5.3 trillion in four years, the only major part of the budget has been decreased is the military. that's something pretty well- known. a lot of people don't like that idea. the thing that bothers me just as much is putting the agenda, another agenda under the military budget. for example, you have heard senator mccain and me and others talk about the fact that the navy paid for 450,000 gallons of fuel, some $26 a gallon. you can get it on the market for...
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Feb 1, 2013
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. >> how a template of a increasing the deficit in effect the economy and financial markets? >> where do you know the answer. it's sort of jan at the bill and i went to expect this. when initially proposed, some analysts say it's for uncertain, we can't keep raising the debt limit for threatening to default after a few. so far it's not cause the latter can turn. the next thing we have to worry about is the sequestration has, which baumbach $85 billion in the remainder of this fiscal year and that hates march 1st. then we've got another deadline on march 27. so at this point, those things are more likely to damage the economy in the short term than this bill. although could play russian roulette later this summer, and that's going to be a problem as well. spoon mixture into the "washington post," thank you. >> thanks. >> she loved being first lady. she got the job for less than a year, but it was julie tyler who ordered the marines to play out to the chief of the president appears, a custom we still follow. subject to more criticism, greeted her guests on a throne on a raised
. >> how a template of a increasing the deficit in effect the economy and financial markets? >> where do you know the answer. it's sort of jan at the bill and i went to expect this. when initially proposed, some analysts say it's for uncertain, we can't keep raising the debt limit for threatening to default after a few. so far it's not cause the latter can turn. the next thing we have to worry about is the sequestration has, which baumbach $85 billion in the remainder of this fiscal...
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Feb 1, 2013
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also, we have to reduce our deficit and protect the investments in the areas of national defense. when we spoke earlier, i was pleased to hear that you did not support these indiscriminate, on prioritized cuts that sequestration would cause. if allowed to take effect, how would sequestration impact the department's ability to meet the future threats and challenges could as i've shared with you, highchair the subcommittee of this committee on emerging threats and capabilities, so i am particularly interested on your thoughts. you were commenting earlier to a senators' questions on cybersecurity issues. obviously being considered in the emerging threats and capabilities subcommittee. my question is, what impact do you believe that these cuts would have on our service members and their families at home and abroad, and in particular, the cuts with the sequestration, how would this impact areas such as cybersecurity and the other areas? >> well, first, as we have said this morning, you know the chiefs have made very clear, secretary panetta, there will be consequences, significant cons
also, we have to reduce our deficit and protect the investments in the areas of national defense. when we spoke earlier, i was pleased to hear that you did not support these indiscriminate, on prioritized cuts that sequestration would cause. if allowed to take effect, how would sequestration impact the department's ability to meet the future threats and challenges could as i've shared with you, highchair the subcommittee of this committee on emerging threats and capabilities, so i am...
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Feb 1, 2013
02/13
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republican party, a concept where we extol the virtues of good business and fiscal policy and we fight the deficit and we don't advocate the printing of money in obscene amounts just to cover our debts. we have to rein in entitlements. >> steve: look at that! you've already got your stump speech down. if you do run for senate, though, you can't be on tv or the radio. >> you know, the senate race is still a good year away, steve. so i've got some time to hone a message, get around and ride my harley to all parts of garden state. >> steve: look, i think brian's got a campaign -- >> i hope i can count on brian. >> brian: a new bumper sticker. >> gretchen: are you going to do it? >> i very well may. erica and i are talking about it. remember, i believe in immigration reform. i believe in gay rights and gay marriage. i believe in choice. not obscenely, but i believe in roe v wade. so you have to take my fiscal positions on being a republican who believes that we have to bail out future generations rather than in debt future generations with some of these social policies that aren't in sync with traditi
republican party, a concept where we extol the virtues of good business and fiscal policy and we fight the deficit and we don't advocate the printing of money in obscene amounts just to cover our debts. we have to rein in entitlements. >> steve: look at that! you've already got your stump speech down. if you do run for senate, though, you can't be on tv or the radio. >> you know, the senate race is still a good year away, steve. so i've got some time to hone a message, get around...